New Credit Card

[mcordry]

Amazing::: I was discharged Monday and got approved for a Capital One Quicksilver card with $2000 limit. Although I am a little nervous about having a credit card I will NEVER get back in the bind that I was in before filing.
There is life after bankruptcy

[TXskyblue]

The Quicksilver has been a great card for me. Congratulations and always pay in full!

[avengers]

Pay in full every month. But also make sure you use it monthly, under 10% of your credit limit ($200) preferably. That way, they will be reporting it as an active account being paid on time. The way I do it is to simply use my CC for gas money and that's it. Obviously not applicable if you spend a ton of money on gas.

[brokehmowner]

I have a capital one also. Good opportunity to build credit. Although the interest is RIDICULOUS, it doesn't matter because I pay the balance in full every month. I recently got some voice mails talking about an opportunity to reduce the interest rate. I would have thought they do that automatically, but maybe not. I'm going to call to see what it involves.

[avengers]

BTW, my Capital One card is 22.9%, $3k limit, interest free until November 2015

Interest free is tempting to some, but if you get a similar offer and your goal is to increase your credit score, don't do it--pay in full every month.